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ARMO BioSciences, Inc.

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Latest From ARMO BioSciences, Inc.

Glenmark Reaps Favipiravir Gains, Progresses COVID-19 Nasal Spray

Strong run on Indian market for Glenmark in fiscal Q1, with the company optimistic of prospects for new introductions including generic Brovana in the US, where it expects close to double-digit growth in Q2. All eyes are also on the launch timelines of a partnered nitric oxide nasal spray for COVID-19.

Commercial Coronavirus COVID-19

Glenmark Reaps Favipiravir Gains, Progresses COVID-19 Nasal Spray

Strong run on Indian market for Glenmark in fiscal Q1, with the company optimistic of prospects for new introductions including generic Brovana in the US, where it expects close to double-digit growth in Q2. All eyes are also on the launch timelines of a partnered nitric oxide nasal spray for COVID-19.

Commercial Coronavirus COVID-19

Crunch Time For Glenmark’s US Innovation Arm, Founding CEO To Exit

Glenmark’s spin-out innovation arm, Ichnos, faces a crucial year of effort to partner out certain potential first-in-class therapeutics for autoimmune diseases and also to advance its oncology pipeline. Meanwhile, CEO and ex-Gilead executive Alessandro Riva is moving on.

Commercial Deals

Lilly Calls It Quits On Pegilodecakin As Loxo Team Reorganizes Cancer R&D

Revealing that the pegylated IL-10 therapy acquired in the Armo buyout two years ago has failed a pair of Phase II NSCLC trials, Lilly said it plans no further studies with the drug. Trulicity and Taltz led Lilly’s continuing growth story.

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